Phoenicia Group and CapRock Communications Enter Strategic Alliance to Tap Libya VSAT Market
Tue, 19 Jun 2007, 14:00:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - June 19 (SEND2PRESS NEWSWIRE) -- Phoenicia Group, the leading U.S.-Libyan diversified business and consultancy group, today announced a strategic alliance with CapRock Communications to provide end-to-end VSAT connectivity products and solutions to the oil and gas industry in Libya.

Libya Opens Up to Foreign Investment; Strongly Supports National Private Sector And FDI
Mon, 14 May 2007, 16:00:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - May 14 (SEND2PRESS NEWSWIRE) -- According to Phoenicia Group, the leading U.S.-Libyan diversified business and consultancy group, and a strategic partner to several multinational corporations in Libya, business confidence has reached an all time high among the Libyan private sector and foreign companies looking to invest in Libya, a result of astute government policies in streamlining the business and legal regulatory framework and government support of private sector and entrepreneurial growth.

Phoenicia Group Rolls Out BGAN Satellite Internet Technology in Libya
Wed, 18 Apr 2007, 17:17:00 GMT — Edited by Carly Zander
TRIPOLI, Libya - Apr. 18 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya LLC, the leading U.S.-Libyan diversified business and consultancy group, today announced plans to offer BGAN satellite Internet solutions to corporate and government clients across Libya, marking the deployment as the first time the technology will be used in the country.

Libya Plans Ambitious Tourism Makeover; Predicts Free Zones Will Spur Investment
Tue, 20 Mar 2007, 16:00:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - Mar. 20 (SEND2PRESS NEWSWIRE) -- According to Phoenicia Group, the leading U.S.-Libyan diversified business and consultancy group, tourism infrastructure development is being given national priority by the Libyan government, with the Libyan Economic Development Board, a policy result of the National Economic Strategy, tasked with steering the far ranging initiative.

Libya Faces Oil Rig Shortages, Calls on National Participation in Oil Services
Tue, 27 Feb 2007, 13:00:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - Feb. 27 (SEND2PRESS NEWSWIRE) -- According to Phoenicia Group, the leading U.S.-Libyan diversified business group, which is a strategic partner to key U.S. and international companies in Libya, Libya is suffering from an acute shortage of oil drilling and work over rigs, significantly delaying exploration programs of oil majors prospecting in the North African country.

Phoenicia Group Introduces Libya Fund; Launches Breakthrough Libya-Focused Private Equity Fund
Tue, 13 Feb 2007, 14:30:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - Feb. 13 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya, the leading U.S.-Libyan diversified business and consultancy group, announced today Libu Capital S.A, its dedicated Libya-centered private equity firm offshoot, has secured $95,000,000 in commitments surpassing initial expectations and reaching its first close target for its $300,000,000 Tripoli-based Libya Fund.

Libya Oil Services Sector Booming; U.S. Companies Encouraged To Partner With Libyan Firms
Wed, 31 Jan 2007, 13:45:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - Jan. 31 (SEND2PRESS NEWSWIRE) -- According to Phoenicia Group, the US-Libyan diversified business group, which is a strategic partner to several U.S. and international companies in Libya, business opportunities in the oil services sector is rocketing as E&P majors ratchet up their drilling schedules in Libya's much sought oil fields, with hundreds of wells estimated to be drilled in the next few years.

Phoenicia Group Consolidates Libya Operations; Plans Further Expansion
Wed, 10 Jan 2007, 14:54:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - Jan. 10 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya LLC, the leading U.S.-Libyan diversified business and consultancy group, today announced acquisitions of several Libyan companies in key growth sectors in Libya and spearheading the establishment of Libya's first private equity fund.

Libya to Spend $40 Billion on Infrastructure, Housing Projects; Invites U.S. and International Companies to Partner With Libyan Firms
Wed, 20 Dec 2006, 14:38:00 GMT — Edited by Carly Zander
TRIPOLI, Libya - Dec. 20 (SEND2PRESS NEWSWIRE) -- According to Phoenicia Group, a U.S.-Libyan diversified business firm and consultancy group, Libyan officials have earmarked a record $40 Billion for a nation-wide infrastructure and housing program to revamp a decaying public infrastructure caused by years of sanctions; a subtle green light to U.S. and international engineering and construction companies to establish a stake in the construction boom set to explode in the coming years.

Libya Tells Foreign Companies to Form Joint Ventures with Libyan Companies
Tue, 12 Dec 2006, 14:53:00 GMT — Edited by Carly Zander
TRIPOLI, Libya - Dec. 12 (SEND2PRESS NEWSWIRE) -- According to Phoenicia Group, a decision last month by the General People's Committee, the Libyan equivalent of Parliament, mandating foreign companies in Libya active in the oil services, construction, industry, electricity, communications, transportation, and agribusiness and marine and animal resources sectors, to form Joint Ventures through Joint-Stock companies with Libyan partners, has some in-country foreign companies wondering how the new law affects them, and non-established companies confused on incorporation options in Libya.

Phoenicia Group Tops Libya Analyst Expectations
Tue, 28 Nov 2006, 13:25:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya, Nov. 28 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya LLC, the leading U.S.-Libyan diversified business firm and consultancy group, surprised Libya market watchers and investors with a near 300% jump in operating profit, hitting 34 Million USD, up from 12 Million USD in the same period in 2005.

Libya Seeks U.S. Technology and Partnerships in Energy and Environmental Sectors
Tue, 07 Nov 2006, 13:51:00 GMT — Edited by Carly Zander
TRIPOLI, Libya - Nov. 7 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya LLC, the U.S.-Libyan risk management and business services firm, today announced a two year cooperation and partnership agreement with the Libya-based Environment Friend's Association (EFA), a non governmental organization concerned with safeguarding and preserving Libya's environment.

Phoenicia Group Partners with The Beyster Institute to Bring MEET U.S. Program to Libya
Tue, 24 Oct 2006, 15:41:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - Oct. 24 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya LLC, (phoenicia-group.net), the U.S-Libyan diversified business and consultancy firm, today announced its partnership with the Beyster Institute at the Rady School of Management, University of California, San Diego, in organizing and implementing the MEET U.S. Program 2007 in Libya.

Libya Announces Massive Infrastructure Development Program
Tue, 26 Sep 2006, 14:59:00 GMT — Edited by Chris Simmons
TRIPOLI, Libya - Sept. 26 (SEND2PRESS NEWSWIRE) -- At a strategic-level workshop in Geneva today organized by the Libya-based advisory firm Phoenicia Group Libya LLC, senior Libyan government officials unveiled an ambitious multi-billion dollar infrastructure development plan focused on the renovating and construction of airports, roads, housing, schools, hospitals, and water and sanitation projects nation-wide, as well as the Railway Project.

Phoenicia Group Continues Successful Acquisition and Partnership Strategy in Libya and the United States
Tue, 19 Sep 2006, 15:14:00 GMT — Edited by Carly Zander
TRIPOLI, Libya - Sept. 19 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya LLC, an integrated U.S.-Libyan risk management consultancy, marketing, and event management firm, today announced several strategic acquisitions and negotiated partnerships in key growth sectors in Libya and the United States.

U.S. Companies Eye Libya Business Opportunities
Tue, 05 Sep 2006, 14:25:00 GMT — Edited by Carly Zander
TRIPOLI, Libya - Sep. 5 (SEND2PRESS NEWSWIRE) -- Officials at Phoenicia Group, a leading U.S.-Libyan risk management consultancy and advisory firm, say U.S.-Libya trade and business confidence has reached an all time high, as U.S. companies show significant interest in learning about doing business in Libya, and as more U.S. businesses opted to join targeted high profile trade delegations visiting Libya this year.

Global Oil Tools Libya to Launch on the Libyan Stock Exchange
Tue, 09 May 2006, 21:32:00 GMT — Edited by Carly M. Zander
TRIPOLI, Libya - May 9 (SEND2PRESS NEWSWIRE) -- In its 16th weekly regular meeting held Sunday evening in Tripoli to issue the resolution and the articles of associations of the market, The Secretariat of the General People's Committee has approved a draft resolution to the establishment of Libya's Stock Exchange Market.

Lyamec Completes Formation of Global Oil Tools Libya and Moves to Pre-Construction Stage
Tue, 13 Dec 2005, 11:06 EST — Edited by Christopher Simmons
TRIPOLI, Libya - Dec. 13 (SEND2PRESS NEWSWIRE) -- Lyamec Corporation announces that on December 6th, 2005 the General People's Committee (GPC) issued a formal notice to Misurata's free trade zone and to the local authoritative agencies on the establishment of Global Oil Tools Libya, a 24,000 Sq. Ft. state-of-the-art manufacturing and distribution facility.

Global Oil Tools Moves on Libya without Grifco International
Fri, 3 Jun 2005, 10:16 EST — Edited by Christopher Simmons
HOUSTON, TX - June 3 (SEND2PRESS NEWSWIRE) -- With regards to the already expired agreement between Grifco International (OTC Pink Sheets: GFCI / GFCI.PK) and Global Oil Tools, Inc and further with Grifco's CEO, Jim Dial's oddly timed retraction of compliance with the preset terms of engagement already agreed to with The Lyamec Corporation; Lyamec has now solidified its position with Global Oil Tool's expansion into Libya.

By News Article Editor: Carly Zander
Lyamec Group Tops Libyan Analyst Expectations
WASHINGTON D.C. and TRIPOLI, Libya - July 20, 2004 /Send2Press Newswire/ -- On a conference call with Libyan analysts to discuss the latest business report and outlook, financial advisor Tom Jones (American Finance) said that analysts' current estimates for 2004-2005 earnings are "on target."

By News Article Editor: Christopher Laird Simmons
Lyamec and USLBC Announce a 3-part Series in Libya for Fact Based Communications
The Series Will Broadcast on More Than 20 Different Channels in 90 Countries, and in 16 Languages, the First Week of July
HOUSTON, TX and Tripoli - July 2, 2004 /Send2Press Newswire/ -- The Lyamec Corporation (www.lyamec.com), a U.S.-based investment related franchise and merchandising agreement corporation, and the U.S.-Libyan Business Council (USLBC), today announced their joint efforts to promote and facilitate a three- part series in Libya for Fact Based Communications (FBC). FBC is scheduled to air the series during the first week of July in 90 countries, and in 16 languages.

News Article Editor: Carly Zander
American Finance Buys Into Libya in Agreement with Lyamec Group
Sales of Health and Nutrition Products are Booming in Health-Conscious Communities - New Program Provides Tools to Launch Home Business in this Industry
Houston, Texas - May 5, 2004 /Send2Press Newswire/ -- American Finance Corp. announced that it has reached a definitive agreement with the Lyamec Group (www.lyamec.com) in placing finance support and new cooperative efforts between the two firms. American Finance Corp. is now offering opportunities to qualifying individuals and or businesses in accessing more than 300 million dollars ($US) in financially marketed products and services, such to include project financing, and product purchasing into the Libyan market.

News Article Editor: Christopher L. Simmons
Lyamec Corporation Spins off U.S.-Libyan Business Council
Houston, TX - April 16, 2004 /Send2Press Newswire/ -- US Based Lyamec Corporation (www.lyamec.com) has officially spun off its corporate network to a newly christened US-Libyan Business Council. The spin-off is a part of a larger restructuring brought on by forward- looking and seasoned business executives from the private sector in the United States. The mission of USLBC is to become the focal point for the exchange of trade and investment legislation and regulation issues of mutual interest between the private and public sectors in the US and Libya.

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